Wire · regulatory
Flagler County Sheriff Staly helps drive new law targeting crypto ATM fraud
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Fusion42 · 10 July 2026 · Fusion42 review
Florida House Bill 505, signed into law in June 2026, mandates cryptocurrency kiosk operators to register with state regulators, display fraud warnings, implement blockchain analytics to block criminal transfers, cap daily transactions, and provide 72-hour refunds for fraud victims. The law addresses $2.75M+ in crypto ATM fraud from Flagler County alone, predominantly targeting seniors.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Florida just wrote the rulebook for crypto cash machines, with registration, transaction caps and 72-hour refunds, and other states will copy it. If you build crypto payments, budget now for a different rulebook in every state rather than one federal one.
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1 source · 10 Jul 2026
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